Review period
Review period(1) In general. The PBGC will notify the plan administrator in writing of the date on which it received a complete standard termination notice at the address provided in the PBGC's standard termination forms and instructions package. If the PBGC does not issue a notice of noncompliance under 4041.31 during its 60-day review period following such date, the plan administrator must proceed to close out the plan in accordance with 4041.28.
(1)In general.The PBGC will notify the plan administrator in writing of the date on which it received a complete standard termination notice at the address provided in the PBGC's standard termination forms and instructions package. If the PBGC does not issue a notice of noncompliance under 4041.31during its 60-day review period following such date, the plan administrator must proceed to close out the plan in accordance with 4041.28.